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SBA 7(a)Current

Merrifield Machinery Solutions, Inc.

Sterling Heights, MIChoiceOne BankCommercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
APPROVAL AMOUNT
$1,070,000
PROGRAM
SBA 7(a)
10 years term
APPROVED
2024-02-21
11.5% rate
JOBS SUPPORTED
31
Borrower-reported

Loan details & location

LOCATION
Sterling Heights, MI 48310
INDUSTRY
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310
BUSINESS STRUCTURE
Corporation
LOAN TERM
10 years
INITIAL INTEREST RATE
11.5%
LOAN STATUS
Current
Sterling Heights, MI 48310

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